Mutual Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
GOLDMAN SACHS HIGH YIELD FUND INSTL SHARES (NASDAQ:GSHIX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GSHIX
The long term trend has been DOWN since Oct 23rd, 2018 at 6.30
The intermediate term trend has been DOWN since Oct 8th, 2018 at 6.39
The short term trend has been UP since Nov 28th, 2018 at 6.13
Smart Scan Analysis for GSHIX
Based on a pre-defined weighted trend formula for chart analysis, GSHIX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6.59||52wk High Date||2018-01-05|
|52wk Low||6.11||52wk Low Date||2018-11-20|
|Year End Close||6.54|